MKO Arnur Credit LLC (Arnur Credit) is headquartered in Shymkent in southern Kazakhstan and has a network of 20 (sub)offices. Its 3,000 clients are mainly agricultural entrepreneurs in rural and remote areas. Arnur Credit is one of the few microfinance institutions in Kazakhstan to grow to a substantial size and has potential to grow further. The loan provided by Triodos Sustainable Finance Foundation enables Arnur Credit to realise this further growth in the coming years.
KEY INDICATORS Arnur Credit at year-end 2013:
- number of loan clients: 13,870
- percentage female clients: 46%
- percentage rural clients: 88%
- average loan amount: EUR 1,823
- number of savings clients: -
Whoever you are, and wherever you live in the world, you are likely to want permanent access to financial services. Microfinance banks play a crucial role providing access to finance to an increasing number of people living on low-incomes. We finance microfinance institutions because they help to build inclusive financial sectors, where the majority of people have access to financial services, leading to a sustainable basis for balanced social and economic development.